Ethereum can test the resistance level and continue to decline

Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.

Today, I want to talk to you about the GBP/USD chart.

On the chart, we can see how Ethereum has left the range.

The price broke through the support, which has now became resistance level 1240.

The price can rise to the resistance level, test it and bounce back.

I expect that after a possible retest, the price can continue to fall.

Therefore for Ethereum I set two goals.

First goal is at level 1200, second goal is at level 1170.

This is my opinion, I really hope it will be useful for you.
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